Page 8 - Lomand March 19

Hitachi ‘Buy Now Pay Later’ Account

•With this facility the customer has 12 months from

the installation date in which to pay back the

‘Amount of Credit’ with a £29 settlement fee.

•If they do this there will be no other charges or

interest (eg: they borrow £10,000 and pay back

£10,029).

•If this is not paid back within the 12 months then

the customer begins making payments by Direct

Debit over 120 months at a deferred interest rate of

19.9% APR.

•They also receive extra ‘Peace of Mind’ – our

Funding Options are protected by the Consumer

Credit Act, meaning their Deposit and Guarantee are

safeguarded.

•The payment date is shown on the Credit

Agreement and Hitachi will also post a reminder

letter to the customer before this due date.

This document is for internal purposes and not to be shown to customers